rock obama shaking hands with raul castro. is 100 years old and it cost many millions to restore and modernize. the other option is to build a brand-new stadium, $450 million cost to taxpayers. our next guest is a partner at innovative sports entertainment and he watches the new york rangers win the stanley cup as president of madison square garden. >> will not see it this year. >> let's not go there. as you look at the new stadiums being built, much on the public time, who is demanding the creation of these new arenas? team owner. obviously in certain markets the only way to get a new facility is to get a mixture of the team owner, public and private. we had facilities built in new york in the past five years where there was no public money involved -- >> that it does cause the public. >> it does. certainly in atlanta. atlanta is putting up about half the money on a public basis. the public is going to have to repay the debt, the principal, there will be incremental taxes, incremental taxes on my jean, rental cars. the questi